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Thursday, January 18, 2018

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Apple succeeded in increasing its share in the Chinese market in spite of fierce competition with Chinese Android smartphone manufacturers.

Rebounding in China

18 January 2018 - 11:30am
Cho Jin-young

According to market research firm Kantar Worldpanel, the global market share of the iOS rose from 19.7% to 24.3% between the end of 2016 and the end of 2017.

However, the share fell from 57.5% to 51.5% in Japan during the period. Likewise, it fell from 43.6% to 39.8% in the United States, from 47.2% to 43% in Britain, from 16.8% to 15.8% in Italy, and from 24.3% to 22.7% in France.

Meanwhile, the market share of the Android OS increased by four percentage points in the United States and 6.1 percentage points in Japan. In China, in contrast, it showed a decline of five...

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Samsung SDS will release an electronic authentication platform technology based on blockchains to replace plug-in program 'ActiveX'.

Blockchain-based Authentication Platform

18 January 2018 - 11:15am
Michael Herh

Samsung SDS will begin developing an electronic authentication platform that will replace plug-in program 'ActiveX.'

Samsung SDS announced on January 17 that the company would release an electronic authentication platform technology based on blockchains through its in-house venture start-up. The company’s new platform simplifies an authentication system based on the security of blockchains. The new solution is expected to be able to replace ActiveX and financial authentication certificates which forced users to undergo a lot of inconvenience due to many steps for electronic payment...

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Samsung's MAMCN+ ranked 14th among 97 total artificial intelligence reading solutions.

AI Reading Capability Test

18 January 2018 - 11:00am
Michael Herh

Samsung Electronics nabbed 14th place in an artificial intelligence (AI) reading competition hosted by Stanford University in the US. The first place honor went to Chinese e-commerce company Alibaba. It was found that Alibaba's artificial intelligence technology was better than human beings in reading comprehension.

According to the official website of Stanford reading comprehension test SQuAD on January 17, Samsung's MAMCN+ ranked 14th among 97 total artificial intelligence solutions by scoring 77.436 points. In addition to Samsung Electronics, the KAIST participated in the...

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Hyundai Heavy Industries will supply 21 units of 4.1MW dual-fuel Himsen Engine and related equipment for the power plant in Indonesia.

Power Generation Project in Indonesia

18 January 2018 - 11:00am
Lee Song-hoon

Hyundai Heavy Industries landed a US$48 million order to supply dual fuel power generation facilities for the first time from Indonesia.

The deal will empower Hyundai Heavy Industries to participate in a power generation project led by PT. PLN, an Indonesian electric power corporation. Indonesia is planning to build a large power plant with an annual production capacity of 35,000MW by 2019, and is expected to place additional orders with Hyundai Heavy Industries in the future.

Hyundai Heavy Industries announced on January 17 that the company recently won an...

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The first Apple Store in South Korea, dubbed Apple Garosugil, would be opened in Apgujeong-dong, Gangnam-gu on January 27.

To remedy grievance on ‘Korea Passing’

18 January 2018 - 10:45am
Cho Jin-young

Apple Korea announced on January 17 that the first Apple Store in South Korea, dubbed Apple Garosugil, would be opened in Apgujeong-dong, Gangnam-gu on January 27.

The opening is somewhat belated. The first Apple Store in the world was opened in New York back in 2001. The first ones in Japan and China were opened in 2003 and 2008, respectively.

Apple users in South Korea are expecting that Apple will pay more attention to themselves after the opening of Apple Garosugil. More than 10 million iPhones were sold in South Korea during the past 10 years and Apple’s share in the...

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IT consultant Gartner raised its semiconductor market estimates by US$23.6 billion (25.11 trillion won) from US$427.4 billion (454.75 trillion won) after three months percent from US$419 billion (445.61 trillion won) last year.

Changed Forecast on Semiconductor Market

18 January 2018 - 10:45am
Cho Jin-young

According to global market researcher and IT consultant Gartner on January 17, the memory chip market is expected to reach US$451 billion (479.64 trillion won) this year, up 7.5 percent from US$419 billion (445.61 trillion won) last year.

Thanks to high specification of smartphones and expansion of Internet data center (IDC), memory chips, such as DRAM and NAND flash, enjoyed a super boom last year. However, there has been controversy over the semiconductor industry reaching its peak from October last year. This is because the growth in mainly memory chips is forecast to gradually...

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The standard for placing ads on YouTube has become stricter.

Getting Difficult to Make Money

18 January 2018 - 10:30am
Michael Herh

As the standard for placing ads on YouTube, the world's largest video site, has become stricter, ads are likely to vanish from a number of unqualified channels on the website.

"We are committed to protecting our users, advertisers, and creators," Google running YouTube said in a statement on January 16 (local time).

"We took some actions to protect our advertisers from inappropriate contents last year. But we know that we need to make more efforts to make sure that their value ​​and ads match," YouTube said. "YouTube should not be a space for scoundrels.”

The policy...

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Deputy Prime Minister Kim visited Hyundai Motor Group’s Mabuk Environmental Technology on January 17 to meet group officials including vice chairman Chung Eui-sun.

Deputy PM’s First Visit to Conglomerate

18 January 2018 - 10:15am
Jung Min-hee

In a meeting with Deputy Prime Minister and Finance Minister Kim Dong-yeon on January 17, Hyundai Motor Group pleged to invest 23 trillion won (US$21.49 billion) in new businesses and hire 45,000 employees over the next five years.

Deputy Prime Minister Kim visited Hyundai Motor Group’s Mabuk Environmental Technology Center in Yongin, Gyeonggi Province, on the same day to meet group officials, including vice chairman Chung Eui-sun. After that, he told reporters, “Hyundai Motor said it is planning to make a 23 trillion won (US$21.49 billion) investment and hire 45,000...

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As digital currencies fluctuate in price, hackers seem to take turns to malicious mining codes.

Hackers Targeting S. Korea

18 January 2018 - 10:00am
Yoon Yung Sil

The number of malicious codes targeting South Korean cryptocurrency miners is on the increase. As digital currencies fluctuate in price, hackers, which spread ransomware, seem to take turns to malicious mining codes.

South Korean cybersecurity firm ESTsecurity said that hackers, who had attacked South Korea with “Venus Locker” ransomware from 2016, have continuously spread a malicious code that mines the cryptocurrency monero from the end of November last year. Hauri and Bitscan have warned over digital currency mining malware from the end of last year.

Hackers targeting...

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Banks will be required to go through an enhanced due diligence (EDD) process when cryptocurrency transactions are made by high risk customers who can run the risk of illegal transactions including money laundering.

Stricter Regulation

18 January 2018 - 9:45am
Yoon Yung Sil

Banks are required to check the purpose of trading and the source of funds of cryptocurrency trading account holders in the future. They also need to share account information one another when cryptocurrency trading sites receive investors’ funds through corporate accounts. With the government deciding to require real-name cryptocurrency transactions by the end of this month, NH Nonghyup Bank will begin the issuance of new virtual accounts for cryptocurrency transactions on January 30.

An official from financial authorities said on January 17, “Some cryptocurrency trading sites...

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